ABC completed the following transactions during a given year:

Transaction

Ratio

1. Sold obsolete inventory at cost 2 Redeemed debentures by issuing ordinary shares 3. Issued a share dividend on ordinary shares 4. Declared a cash dividend on ordinary shares 5. Paid the GST owing to the tax office 6. Purchased inventory on credit 7. Sold inventory for cash 8. Wrote off a bad debt against Allowance for Doubtful Debts 9. Collected an account receivable 10. Sold inventory on credit 11. Issued additional ordinary shares for cash 12. Paid trade accounts payable

1. Profit margin 2. Return on ordinary equity 3. Earnings per share 4. Dividend pay-out 5. Dividend yield 6. Quick ratio 7. Current ratio 8. Current ratio 9. Receivables turnover 10. Inventory turnover 11. Debt ratio 12. Return on assets

Required

State whether each transaction would cause the ratio listed with the transaction to increase, decrease or remain unchanged. Explain your answer.